NOT LISTED FOR SALE

Estimated Value: $1,858,000 - $2,233,232

0.62 Acre
$3,299,381 Price per Acre
27,007 Sq Ft Lot

Last Sold August 27, 2021

Last sale price $675,000

Est. 203% increase in value since last sale

Current estimated payment $11,788/month

122 Days on Market

Highlights

  • Water Views
  • 0.62 Acre Lot
  • Open Lot
  • Wells Junior High School Rated A-
  • Wooded Lot

About This Lot

As of August 2021

This buildable condominium lot is elevated and allows for views of the Ogunquit River, Atlantic Ocean, and is only steps to the restaurants, shops and famed Ogunquit Beach, recently named one of the 7 best in the US by TripAdvisor. This in-town site offers its new owners the opportunity to build a dream home with a large footprint in a highly sought after location and allows for a great sense of privacy. The lot has been cleared and the utilities are currently on-site. Condominium documents have been approved by the town of Ogunquit, and simply need to be recorded at the registry of deeds to allow the new buyer to start the process of building their dream home. Another option is to purchase the existing proposed condominium residence (offered separately MLS ID: 1485503) that could be a great place to live in while you build your dream Ogunquit home, and simply use the existing structure as a guest house/rental investment when the new construction is complete. Allowing someone to purchase either the existing home, the buildable lot or the entire package, offers limitless possibilities this offering is one not to miss.

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sothebys International Rlty License #DB901450 Listed on: 04/23/2021

Anne Erwin Sothebys International Rlty

Last Buyer's Agent

No MLS Listing Agent

No MLS Listing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,319

Lot Details

  • 0.62 Acre Lot
  • Open Lot
  • Lot Sloped Up
  • Wooded Lot
  • Property is zoned RD

Property Views

  • Water Views
  • Countryside Views

Community Details

  • Hoyts Landing Condominium Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 060

Property Details

Property Type

Land

Est. Annual Taxes

$11,319

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Development Subdivision: Hoyts Landing Condominium
  • Directions: From center of Ogunquit take Hoyts Lane, bear left onto Hoyts Lane Ext, sign on property, buildable lot is in rear of property.
  • Flood Zone: Unknown
  • Price Per Sq Ft: 1088709.68
  • Property Class: Land
  • Remarks Public: This buildable condominium lot is elevated and allows for views of the Ogunquit River, Atlantic Ocean, and is only steps to the restaurants, shops and famed Ogunquit Beach, recently named one of the 7 best in the US by TripAdvisor. This in-town site offers its new owners the opportunity to build a dream home with a large footprint in a highly sought after location and allows for a great sense of privacy. The lot has been cleared and the utilities are currently on-site. Condominium documents have been approved by the town of Ogunquit, and simply need to be recorded at the registry of deeds to allow the new buyer to start the process of building their dream home. Another option is to purchase the existing proposed condominium residence (offered separately MLS ID: 1485503) that could be a great place to live in while you build your dream Ogunquit home, and simply use the existing structure as a guest house/rental investment when the new construction is complete. Allowing someone to purchase either the existing home, the buildable lot or the entire package, offers limitless possibilities this offering is one not to miss.
  • List Agent: 13718
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: TBD
  • Roads: Public

Utilities

  • Electric: On-Site
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Fee: 1

Lot Info

  • Map: 007
  • Lot: 060
  • Lot Sq Ft: 27007
  • Current Use: Unknown
  • Lot Acres: 0.62
  • Lot Description: Condo Development, Country Setting, Deed Restricted, Open, Water View, Wooded
  • Surveyed: Yes
  • Zoning: RD
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: Unit 2

Tax Info

  • Taxes TBD: Yes

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $675,000 -15.1% --
08/23/2021 08/23/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $795,000 +17.8% --
08/01/2021 08/01/21 Off Market $675,000 -- --
04/23/2021 04/23/21 For Sale $795,000 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,319 $1,752,200 $328,100 $1,424,100
2023 $4,027 $623,400 $623,400 $0
2022 $3,940 $623,400 $623,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4857281

PrimeMLS

APN: OGUN M:007 L:060 U:002